Regulation 117 Competent authority with supervisory and other functions may assess matter of equivalence for purposes of Regulation 116(iv) in certain circumstances

For so long as the Commission has not taken, in accordance with the procedure referred to in Article 48(2) of the Directive, the decision under Article 45(6) thereof in relation to the matter of equivalence of standards and requirements mentioned in Regulation 116(iv), the competent authority with supervisory and other functions may, for the purposes of that provision, make an assessment of that equivalence.